Stockchase Opinions

Peter Brieger Bear Sterns BSC-N TRADE Mar 19, 2008

Thankfully we don’t own.
$5.330

Stock price when the opinion was issued

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TOP PICK
Has been strong and beating estimates. Should do well on any market improvement.
BUY
Investment banking is back. Very high-margin business. Very attractive valuation. Likes Morgan Stanley, Goldman Sachs, Bear Sterns and Lehman Bros.
DON'T BUY
Big player in packaged mortgage industry. They’ve been pummelled. No interested in buying. No idea how deep the rot goes. There’s more bad stuff to come.
DON'T BUY
They are going to be bought by JP Morgan. (JPM-N) Look instead at JP Morgan.
TRADE
Worth more money. At this level there’s a lot of speculation. J.P Morgan wins with any outcome